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JSW Energy Ltd. Company History and Annual Growth Details

The Company was originally incorporated as Jindal Tractebel Power
Company Limited on March 10, 1994 as a joint venture between JSW Steel
Limited and Tractebel, S.A., Belgium. The name of the Company was
changed to Jindal Thermal Power Company Limited on January 17, 2002
after Tractebel, S.A., Belgium sold their holding to JSW group
companies and financial institutions. The name of the Company was
further changed to JSW Energy Limited on December 7, 2005 and a fresh
certificate of incorporation upon change of name was issued by the
Registrar of Companies, Maharashtra on December 7, 2005.

The aforesaid changes were made in the name to reflect the changing
nature of the business or the constitution of the company and/or to
clearly reflect the nature of the business.

Key Milestones

1. March 10, 1994

The Company was originally incorporated as Jindal Tractebel Power
Company Limited (50:50 JV between JSW Steel Limited and Tractebel,
S.A., Belgium)

2. January 18, 2000

Commercial operation of Unit-II of 2x130 MW Power Plant of the Company
at Toranagullu

3. August 05, 2000

Commercial operation of Unit-I of 2x130 MW Power Plant of the Company
at Toranagullu

4. January 17, 2002

Name changed to Jindal Thermal Power Company Limited, after Tractebel,
S.A., Belgium sold their holding to JSW group companies and financial
institutions

5. February 10, 2006

Acquisition of Raj WestPower Limited under the Share Purchase Agreement
entered between the Company and the erstwhile individual Shareholders/
Promoters of RWPL.

6. May 5, 2006

Incorporation of JSW Energy (Vijayanagar) Limited as a Subsidiary.

7. June 13, 2006

Incorporation of JSW Energy (Ratnagiri) Limited as a Subsidiary.

8. July 8, 2006

Incorporation of JSW Power Trading Company Limited as a Subsidiary.

9. January 19, 2007

Formation of the Joint Venture Company, Barmer Lignite Mining Company
Limited by virtue of Joint Venture Agreement between Raj WestPower
Limited and Rajasthan State Mines and Minerals Limited

10. March 28, 2007

Acquisition of PT Param Utama Jaya

11. July 28, 2007

Award of 260MW Kuther Hydro Electric Project

12. November 1, 2007

Approval of the scheme of arrangement for the demerger of the
investment division of the Company and vesting of the same with JSW
Energy Investments Private Limited

13. November 11, 2007

Joint Venture Agreement with Mahanadi Coalfields Limited, JSW Steel
Limited, Jindal Stainless Limited & Shyam DRI Power Limited for mining
of coal from Utkal - A coal block in Orissa

14. January 10, 2008

Letter of Support by Government of Maharashtra for setting up of 3200MW
Power Plant at Jaigad, Ratnagiri

15. March 17, 2008

Recognisation of JSW Energy Centre of Excellence at Toranagallu by
Central Electricity

Sr. No. Date Details

Authority

16. April 23, 2008

Incorporation of Jaigad PowerTransco Limited as Subsidiary

17. May 7, 2008

Joint Venture Agreement with Toshiba Corporation, Japan for setting up
of Turbine & Generator manufacturing facility in India

18. August 5, 2008

Joint Venture Agreement with Maharashtra State Electricity Transmission
Company Limited for setting up of Transmission Lines in the State of
Maharashtra

19. October 10, 2008

Approval of the scheme of Amalgamation of JSW PowerTransco Limited and
JSW Energy (Vijayanagar) Limited with the Company

20. April 16, 2009

Unit - I of 2X300MW Power Plant of the Company at Toranagallu
commissioned

21. June 23, 2009

MOU between M.S. Ramaiah Institute of Technology, Bangalore and JSW
Energy Centre of Excellence for imparting one-year full-time Post
Graduate Diploma in Power Plant Engineering for the academic year
2009-2010.

22. July 1, 2009

Commercial operation of Unit - I of 2X300MW Power Plant of the Company
at Toranagullu

23. August 17, 2009

Synchronisation of first unit of 8x135 MW Power Plant of RWPL

24. August 31, 2009

Incorporation of JSW Energy (Raigarh) Limited as Subsidiary

25. September 1, 2009

Commercial opertaion of Unit - II of 2X300MW Power Plant of the Company
at ranagullu

Awards/ certifications received by the Company

The Company has received the following awards/ certifications:

1. ISO-9001 and 14001 certifications awarded by BVQI for Quality
Management, Environment Management Systems.

2. OHSAS 18001 certification awarded by BVQI for Occupational Health
and Safety Management Systems Requirements Standard.

3. CII Leadership And Excellence Award for Safety, Health and
Environment for best safety practices in 2003

4. Greentech Safety Award in 2003 for outstanding achievement in the
field of safety.

5. Safety Excellence Award from GRISD for 2005 and 2006 for best
safety systems and performance.

6. Karnataka State Safety Excellence Award in 2007 for best safety
systems from Directorate of Factories and Boilers, Karnataka.

7. Best Performing and Safe Boiler in Power Plant by Directorate of
Factories and Boilers, Govt of Karnataka and GRISD in the year 2007.

8. Bronze Shields for Meritorious Performance in Power Sector during
2006-07 and 2007-08 by Ministry of Power, Government of India to the
260 MW Thermal Power Station at Toranagallu, Karnataka.

9. First prize in National level for 'Excellence in Thermal Power
Generation' constituted by Indian Electrical and Electronic
Manufacturer Association (IEEMA) in the year 2009.